Kungsleden sells in Malmö (SE)

Swedish property company Kungsleden AB (publ) sells the property Malmö von Conow 51 for a total of MSEK 40. The sales price exceeds the book value with MSEK 2, the external value with MSEK 14, and the purchase value with MSEK 13. The yield based on the sales price is calculated at 5 percent.

The property has a lettable area of 2000 m², mainly office, with a rental value of approximately MSEK 3.